At the beginning of Year 2, Better Corporation's accounting records had the following general ledger accounts and balances. Event Beginning Balance. 01/01/Year 2 Cash 19,000 Assets Required A Land 29,000 BETTER CORPORATION Accounting Equation Required B Required C Liabilities Better Corporation completed the following transactions during Year 2: 1. Purchased land for $9,500 cash. 2. Acquired $34,000 cash from the issue of common stock. 3. Received $73,000 cash for providing services to customers. 4. Paid cash operating expenses of $41,100. 5. Borrowed $19,000 cash from the bank. Notes Payable Common Stock 12,900 6. Paid a $9,500 cash dividend to the stockholders. 7. Determined that the market value of the land purchased in event 1 is $44,000. Complete this question by entering your answers in the tabs below. Stockholders' Equity 7,900 Retained Earnings Required a. Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. b. As of December 31, Year 2, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation. c. What is the amount of total assets, liabilities, and stockholders' equity as of January 1, Year 3? 27,200 Accounts Titles for Retained Earnings Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus sign. Not all cells require

At the beginning of Year 2, Bester Corporatons accounting records had the following peneralledger accounts and balances Better Corporation completed the following transactions during Year 2 : 1. Purchased iand for $9.500 cash. 2. Aceuired $34,000 cash from the issue of common steck. 3. Received $73.000 cash for providing services to customers. 4. Paid cash oporoting expenses of $41100 5. Borrowed St0.000 cash frem the bank. 6. Paid a $9.500 cash dividend to the stockholders. 7. Debermined that the market value of the land purchated in event 1 is $44,000. Required a. Record the trapsactions in the eppropriate general ledger accounts. Record the amounts of revenve, expense, and dividends in the Retained Earnings column. Provide the appropriate veles for these accounts in the last column of the table. b. As of December 31, Year 2, determine the total amount of assets, liabilaies, and stockholders' equity and present this information in the form of an accounting equation. C. What is the amount of total assets, sabilites, and stockholders' equity as of January 4 Year 3 ? Complete this questien by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Record the transactions in the appropriate general ledger accounts. Record the arnounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate tites for these accounts in the last column of the table. (Enter any decreases to account balances with a mimiss sign. Not all cells require. entry.) Complete this question by entering your answers in the tabs below. As of December 31, Year 2, determine the total amount of assets, liabilities, and stockholders' equity and preser information in the form of an accounting equation. Complete this question by entering your answers in the tabs below. What is the amount of total assets, liabilities, and stockholders' equity as of January 1, Year 3